Tag: Interest rate cut
Bank of Canada Announces Unprecedented 50 Basis Point Interest Rate Cut – Action Forex
The Bank of Canada made an unexpected move by cutting interest rates by 50 basis points, bringing the overnight rate to 3.75% from 4.25%. This decision comes after three consecutive 25 basis point cuts...
BoC Rate Decision: Third Rate Cut Imminent – Action Forex
The Bank of Canada (BoC) is on the verge of making a significant decision that could impact the country's economy and the global financial markets. With two interest rate cuts already under their belt,...